Purpose: The Community Development Block Grant (cdbg) Program Provides Annual Grants On A Formula Basis To…

Purpose

Department of Housing and Urban Development awarded $170.2M to New York City Office Of Management & Budget for Purpose: the community development block grant (cdbg) program provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. the program is authorized under title 1 of the housing and community development act of 1974, public law 93-383, as amended 42 u.s.c. 5301 et seq. the cdbg program covers four distinct programs, each with their own set of governing regulations: cdbg entitlement, cdbg non-entitled counties in hawaii, cdbg insular areas, and state cdbg. in the cdbg…